California EV maker Rivian has said it has secured conditional approval of a loan of up to $6.6 billion from the U.S. Department of Energy to build a production facility in Georgia. Among those conditions is a big one, that the company won’t actively oppose union organizing efforts. more…
Recent reports have revealed that Grünheide police have torn down the encampment of anti-Tesla protesters near Giga Berlin. During the police’s operations, they took down treehouses built by the anti-Giga Berlin protesters, who dubbed themselves as environmentalists who were looking to stop Tesla. Unfortunately for the Grünheide police, they were Read more
After opening its first store in one of Metro Manila’s most prominent areas, Tesla Philippines now seems to be focusing on growing its headcount in the Southeast Asian country. This could be seen in the job openings for Tesla Philippines that remain on the company’s Careers website. Prior to Tesla’s Read more
Tesla (NASDAQ: TSLA) received a price target boost from UBS while its sell rating on shares remained unchanged. Analysts at the firm cited momentum and “animal spirits” for Tesla’s recent surge on Wall Street. They don’t expect it to go on for eternity. UBS Group AG analysts, a team led Read more
It appears that Tesla is laying the groundwork for some serious real-world testing of its robotaxi and Optimus programs. This was hinted at in a recent job listing that was posted on the company’s Careers website, which focused on a C++ software engineer for the teleoperation of the Tesla bot Read more
California Governor Gavin Newsom has proposed new plans to offer an electric vehicle (EV) rebate if President-elect Donald Trump repeals the $7,500 federal tax credit, though Newsom’s office has also said the rebate would exclude Tesla, the nation’s largest EV maker, in efforts to boost competition from other automakers. On Read more
Tesla stacked greenhouse gas emission credits in the 2023 model year through the sale of its electric vehicles (EVs), while multiple other automakers struggled, posting substantial deficits from tightened emissions regulations. In 2023, Tesla gained almost 34 million metric tons of greenhouse gas emissions credits, as detailed in a report Read more
SpaceX is potentially looking to launch Starship 25 times starting next year, a major uptick in the number of times the rocket will take off compared to years past. Starship launches are becoming more frequent now that SpaceX is moving quickly toward both unmanned and manned missions to Mars in Read more
Lucid Motors, VinFast, Rivian, and several other electric vehicle (EV) makers are likely to see their sales drop if President-elect Donald Trump follows through on promises to overturn the $7,500 federal tax credit on EV purchases, especially since many companies are getting access to the credit through a special leasing Read more
Tesla China saw 16,700 new vehicle registrations in the week of November 18-24, 2024. This represents a 2.34% decrease from the 17,100 new vehicle registrations that were posted in the week ending November 17. Tesla does not report its weekly domestic sales figures, though a general idea of the company’s Read more